Replies to post #7244 on IIOT-OXYS Inc (ITOX)

[maxinkuckee]

The financials are pathetic.

No revenue for 1Q of 2022

A meager $11,000 in total revenue for all of 2021.

And 3-31-22 balance sheet shows current liabilities are 8 times current assets. The
company doesn’t have enough assets to offset their accounts payable and employees’ back pay.

When you can’t meet your obligations, default and bankruptcy loom.